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10-Q Filing

ENERGIZER HOLDINGS, INC. CIK: 1632790 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001632790-19-000016
Period End Date 20181231
Filing Date 20190205
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance enr-20181231.xml
Balance Sheet 60 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $4.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $3.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $607.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $522.10M USD Point-in-time
Trade receivables, less allowance for doubtful accounts of $3.9 and $4.0, respectively AccountsReceivableNetCurrent $230.40M USD Point-in-time
Trade receivables, less allowance for doubtful accounts of $3.9 and $4.0, respectively AccountsReceivableNetCurrent $216.00M USD Point-in-time
Inventories InventoryNet $323.10M USD Point-in-time
Inventories InventoryNet $290.20M USD Point-in-time
Other current assets PrepaidExpenseAndOtherAssetsCurrent $95.50M USD Point-in-time
Other current assets PrepaidExpenseAndOtherAssetsCurrent $95.30M USD Point-in-time
Total current assets AssetsCurrent $1.21B USD Point-in-time
Total current assets AssetsCurrent $1.17B USD Point-in-time
Restricted cash RestrictedCashNoncurrent $2.46B USD Point-in-time
Restricted cash RestrictedCashNoncurrent $1.25B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $162.60M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $166.70M USD Point-in-time
Goodwill Goodwill $244.20M USD Point-in-time
Goodwill Goodwill $244.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $232.70M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $229.30M USD Point-in-time
Deferred tax asset DeferredTaxAssetsLiabilitiesNetNoncurrent $36.90M USD Point-in-time
Deferred tax asset DeferredTaxAssetsLiabilitiesNetNoncurrent $35.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $79.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $81.00M USD Point-in-time
Total assets Assets $4.42B USD Point-in-time
Total assets Assets $3.18B USD Point-in-time
Current maturities of long-term debt LongtermDebtandLongtermDebtHeldinEscrowCurrentMaturities $64.00M USD Point-in-time
Current maturities of long-term debt LongtermDebtandLongtermDebtHeldinEscrowCurrentMaturities $4.00M USD Point-in-time
Notes payable ShortTermBankLoansAndNotesPayable $275.10M USD Point-in-time
Notes payable ShortTermBankLoansAndNotesPayable $247.30M USD Point-in-time
Accounts payable AccountsPayableCurrent $231.60M USD Point-in-time
Accounts payable AccountsPayableCurrent $228.90M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $261.30M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $271.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $751.20M USD Point-in-time
Total current liabilities LiabilitiesCurrent $832.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $975.40M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $976.10M USD Point-in-time
Long-term debt held in escrow LongtermDebtHeldinEscrowNetofUnamortizedDiscountPremiumandDebtIssuanceCosts $1.23B USD Point-in-time
Long-term debt held in escrow LongtermDebtHeldinEscrowNetofUnamortizedDiscountPremiumandDebtIssuanceCosts $2.35B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $196.30M USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $192.10M USD Point-in-time
Total liabilities Liabilities $4.35B USD Point-in-time
Total liabilities Liabilities $3.15B USD Point-in-time
Common stock CommonStockValue $600.00K USD Point-in-time
Common stock CommonStockValue $600.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $217.80M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $208.20M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $226.10M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $177.30M USD Point-in-time
Treasury stock ParentCompanyNetInvestment $-116.80M USD Point-in-time
Treasury stock ParentCompanyNetInvestment $-129.40M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-241.80M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-247.70M USD Point-in-time
Total shareholders' equity StockholdersEquity $85.10M USD Point-in-time
Total shareholders' equity StockholdersEquity $33.60M USD Point-in-time
Total shareholders' equity StockholdersEquity $70.40M USD Point-in-time
Total shareholders' equity StockholdersEquity $24.50M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $3.18B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $4.42B USD Point-in-time
Income Statement 45 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $573.30M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $571.90M USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $296.40M USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $295.00M USD 1 Quarter
Gross profit GrossProfit $278.30M USD 1 Quarter
Gross profit GrossProfit $275.50M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $99.20M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $104.60M USD 1 Quarter
Advertising and sales promotion expense MarketingAndAdvertisingExpense $40.90M USD 1 Quarter
Advertising and sales promotion expense MarketingAndAdvertisingExpense $37.30M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $5.50M USD 1 Quarter
Research and development expense ResearchAndDevelopmentExpense $5.30M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $3.20M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $2.80M USD 1 Quarter
Interest expense InterestExpense $48.20M USD 1 Quarter
Interest expense InterestExpense $13.40M USD 1 Quarter
Total Other items, net NonoperatingIncomeExpense $16.90M USD 1 Quarter
Total Other items, net NonoperatingIncomeExpense $-1.30M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $119.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $90.00M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $58.60M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $19.20M USD 1 Quarter
Net earnings NetIncomeLoss $60.40M USD 1 Quarter
Net earnings NetIncomeLoss $70.80M USD 1 Quarter
Basic earnings per common share (dollars per share) EarningsPerShareBasic $1.00 USD 1 Quarter
Basic earnings per common share (dollars per share) EarningsPerShareBasic $1.19 USD 1 Quarter
Diluted earnings per common share (dollars per share) EarningsPerShareDiluted $1.16 USD 1 Quarter
Diluted earnings per common share (dollars per share) EarningsPerShareDiluted $0.98 USD 1 Quarter
Weighted average shares of common stock - Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 60.20M shares 1 Quarter
Weighted average shares of common stock - Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 59.70M shares 1 Quarter
Weighted average shares of common stock - Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 61.50M shares 1 Quarter
Weighted average shares of common stock - Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 61.00M shares 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.30 USD Point-in-time
Dividends per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Net earnings NetIncomeLoss $60.40M USD 1 Quarter
Net earnings NetIncomeLoss $70.80M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-3.70M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $7.40M USD 1 Quarter
Pension activity, net of tax of $0.3 and $0.5, respectively. OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-1.10M USD 1 Quarter
Pension activity, net of tax of $0.3 and $0.5, respectively. OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-1.20M USD 1 Quarter
Deferred (loss)/gain on hedging activity, net of tax of ($1.0) and $1.1, respectively. OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-3.30M USD 1 Quarter
Deferred (loss)/gain on hedging activity, net of tax of ($1.0) and $1.1, respectively. OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $2.50M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $64.90M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $71.50M USD 1 Quarter
Cash Flow Statement 52 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $60.40M USD 1 Quarter
Net earnings NetIncomeLoss $70.80M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $12.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $11.60M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $12.20M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $2.30M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $6.70M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $6.50M USD 1 Quarter
Mandatory transition tax ProceedsFromDeemedRepatriationTaxCharge $1.50M USD 1 Quarter
Mandatory transition tax ProceedsFromDeemedRepatriationTaxCharge $30.00M USD 1 Quarter
Non-cash items included in income, net OtherNoncashIncomeExpense $9.10M USD 1 Quarter
Non-cash items included in income, net OtherNoncashIncomeExpense $-3.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-2.60M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $100.00K USD 1 Quarter
Changes in current assets and liabilities used in operations IncreaseDecreaseInOperatingCapital $-37.90M USD 1 Quarter
Changes in current assets and liabilities used in operations IncreaseDecreaseInOperatingCapital $-16.60M USD 1 Quarter
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $118.90M USD 1 Quarter
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $141.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $4.80M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $5.50M USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets - USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $100.00K USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-4.70M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-5.50M USD 1 Quarter
Cash proceeds from issuance of debt with original maturities greater than 90 days ProceedsFromDebtMaturingInMoreThanThreeMonths $1.20B USD 1 Quarter
Cash proceeds from issuance of debt with original maturities greater than 90 days ProceedsFromDebtMaturingInMoreThanThreeMonths - USD 1 Quarter
Payments on debt with maturities greater than 90 days RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $1.00M USD 1 Quarter
Payments on debt with maturities greater than 90 days RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $1.00M USD 1 Quarter
Net increase in debt with original maturities of 90 days or less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $28.00M USD 1 Quarter
Net increase in debt with original maturities of 90 days or less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $6.50M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $16.50M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $17.60M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $19.80M USD 1 Quarter
Common stock purchased PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Common stock purchased PaymentsForRepurchaseOfCommonStock $50.00M USD 1 Quarter
Taxes paid for withheld share-based payments PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.80M USD 1 Quarter
Taxes paid for withheld share-based payments PaymentsRelatedToTaxWithholdingForShareBasedCompensation $7.10M USD 1 Quarter
Net cash from/(used by) financing activities NetCashProvidedByUsedInFinancingActivities $-63.90M USD 1 Quarter
Net cash from/(used by) financing activities NetCashProvidedByUsedInFinancingActivities $1.18B USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $4.70M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-2.30M USD 1 Quarter
Net increase in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $1.30B USD 1 Quarter
Net increase in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $76.30M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $454.30M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $378.00M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.06B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $454.30M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $378.00M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.06B USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Dividends per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.30 USD Point-in-time
Dividends per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Beginning Balance StockholdersEquity $85.10M USD Point-in-time
Beginning Balance StockholdersEquity $33.60M USD Point-in-time
Beginning Balance StockholdersEquity $70.40M USD Point-in-time
Beginning Balance StockholdersEquity $24.50M USD Point-in-time
Net earnings NetIncomeLoss $60.40M USD 1 Quarter
Net earnings NetIncomeLoss $70.80M USD 1 Quarter
Cumulative Effect of New Accounting Principle in Period of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $-59.20M USD Point-in-time
Share based payments AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.50M USD 1 Quarter
Share based payments AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.70M USD 1 Quarter
Common stock purchased TreasuryStockValueAcquiredCostMethod $50.00M USD 1 Quarter
Common stock purchased (in shares) TreasuryStockSharesAcquired 1.13M shares 1 Quarter
Activity under stock plans StockIssuedDuringPeriodValueShareBasedCompensation $-1.80M USD 1 Quarter
Activity under stock plans StockIssuedDuringPeriodValueShareBasedCompensation $-7.10M USD 1 Quarter
Dividends to shareholders ($0.30 per share) DividendsCommonStock $18.40M USD 1 Quarter
Dividends to shareholders ($0.30 per share) DividendsCommonStock $18.70M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $11.10M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-5.90M USD 1 Quarter
Ending Balance StockholdersEquity $85.10M USD Point-in-time
Ending Balance StockholdersEquity $33.60M USD Point-in-time
Ending Balance StockholdersEquity $70.40M USD Point-in-time
Ending Balance StockholdersEquity $24.50M USD Point-in-time
Comprehensive Income 4 line items
Line Item Tag Value Unit Period
Pension/postretirement activity, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-500.00K USD 1 Quarter
Pension/postretirement activity, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-300.00K USD 1 Quarter
Deferred (loss)/gain on hedging activity, tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $1.10M USD 1 Quarter
Deferred (loss)/gain on hedging activity, tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-1.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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